Filters
LocationSouth Africa, Gauteng

Sector - Retail

Asking Price
R1,072,000
Monthly Profit
R 52,524
Asset Value
R 850,000
Stock Value
R 628,000
Yearly Net Profit
R 630,285

Summary

Sophisticated ladies Fashion store in a lovely mall in Pretoria East area. Upmarket Clientele. High LSM. Be part of this established group as they look to grow with a new franchisee for this already well-established and profitable store.Be in business for yourself but not by yourself.

Give me more information

Fully describe the business's activities?

Sophisticated Fashion Clothing Retailer in a lovely mall in Pretoria.The group has been trading for 35 years and is now in the process of franchising some of their stores across Gauteng. This is an excellent clothing retail store with a good trading record and is well-established. With being part of a franchise you can be in business for yourself but not by yourself. This will give an owner the opportunity to tap into the vast knowledge of the Head Office with its expertise in buying as well as its significant buying power.

How does the business operate on a daily basis?

The store is manager run. The owner will be involved significantly as a franchisee to help promote growth.

What competition exists?

Normal competition in malls but this group has exclusivity of certain brands. 80% of merchandise is imported from Italy, Europe with some manufacturing in China.

How could the profitability of the business be improved?

The loyalty programme is constantly being improved including looking at giving instant discounts to loyal clients.

Do any have management potential?

Manager is already in place.

How involved is the Owner in running the business?

The current owners visit the store about once a week.

When does the current lease end?

There is a current lease in place. The group has an excellent relationship with all its landlords and details will be made available to interested parties.

What are the trading hours?

The trading hours are centre-dependant.

What are the main assets of the business?

Point of Sale Computer Equipment and Shop Fittings and Fixtures

Strengths?

Well-established. Excellent, knowledgeable staff. Excellent reputation in the market. Extensive store-specific databases for marketing purposes. Experience of Head Office in purchasing the correct stock for each season. Strong Head Office relationship with suppliers - both local and overseas. Sophisticated fashion targeting up-and-coming women in the area.

Weaknesses?

None really, except normal economic conditions which all businesses are susceptible too. However, due to the long-standing history of this business it is always well-prepared.

Opportunities?

Targeting slightly younger and up-and-coming ladies with sophisticated fashion.

Threats?

Normal economic conditions which have been well-navigated over the years by this business.

What is the reason for the sale?

The group is franchising a number of its stores throughout Gauteng to help it grow and manage the business better whilst working with like-minded entrepreneurs.

Location

Contact | Enquire

Erich

Erich Haupt

LocationSouth Africa, Gauteng

Preferred method of contact

Logo
Access to the number one business broking tool to get your business sold.
We've got you covered!

We offer an innovative and intuitive

solution for selling your business, franchise and premises

Promote

Promote

your business for sale

Advertise

Reach

the right audience

Gain

Gain

more exposure

Sign up for our Sellers' Portal Affordable monthly packages
Man

Knowledge Bank

Get the latest information, valuable tips and share in the professional knowledge of business experts on selling or buying a business

Buyers

Car Wash for Sale

Have you been on the lookout for car washes on sale in South Africa? Look no further because Busines

Franchises Under R500 000 in South Africa

Franchising isn’t always the cheapest way to start a business, but luckily there is a growing numb

"Cheap" Franchises in South Africa

Finding affordable franchises in South Africa can be very easy, thanks to Business for Sale. We alre

Sellers

How to Sell a Franchise Business: As a Franchisee

The decision to sell a franchise is a big one that should be planned and prepared for carefully. If

Business Brokers: Traits for Success

Starting out as a business broker may seem daunting; there are many who have been in the business fo

How to Sell a Business without a Broker

There are many small business owners who successfully manage to sell their businesses without using